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Billionaire Announces, For the Second Time, Plans to Build the Titanic II

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Clive Palmer has announced his intention to fund the construction of a new Titanic for the second time in 10 years. Almost a decade ago, the Australian billionaire businessman told journalists at a conference in London’s Ritz Hotel that he was going to be building the Titanic II – a full-scale working replica of the iconic vessel that would be as close to the original as possible. At the time, he maintained that the Titanic II would help to honor those who had died in the disaster and hoped to have the new vessel complete its maiden voyage from Southampton to New York City in 2016, echoing the maiden voyage of the original Titanic which sank on 15th April, 1912. To cut a long story short, the Titanic II inevitably failed to materialize, with all indications suggesting that the project had simply been abandoned…(READ MORE)


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